The recent $ARB pump to $0.23 ran out of buying momentum, leaving a long upper wick on the 4H chart and pulling back toward $0.21. Chasing the trade (FOMO) here carries a high risk of getting caught in a Bull Trap.
Instead of buying in this uncertain zone, the safest strategy is to wait for a pullback to the support area to secure a higher Risk/Reward entry.
– Entry Zone: $0.180 – $0.185
– Stop Loss: $0.168
– Targets: $0.210 | $0.228 | $0.260
💡Patience is key.
Instead of buying in this uncertain zone, the safest strategy is to wait for a pullback to the support area to secure a higher Risk/Reward entry.
– Entry Zone: $0.180 – $0.185
– Stop Loss: $0.168
– Targets: $0.210 | $0.228 | $0.260
💡Patience is key.
